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HDFC Bank completes mega bond issuance amid strong demand: Analysts India’s HDFC Bank on Thursday completed the largest-ever bond issuance by any bank amid strong demand from long-term investors, but the large fundraise is unlikely to impact yields for upcoming issues from banks as there is enough demand, said analysts. The private lender raised 150 billion rupees ...

FD interest rates: This bank offers 8.5% FD interest rate for senior citizens [ad_1] Jana Small Finance Bank (SFB) has revised the interest rates on savings accounts and fixed deposits with effect from December 1, 2022, according to the bank’s official website. Jana Small Finance Bank savings account interest Jana Small Finance Bank’s savings account day-end balances are applied to ...

NPS UPI: How to make NPS contributions using UPI [ad_1] The National Pension System (NPS) is a government programme that aids participants with retirement savings. Contributions to the NPS can be made in a number of ways, including cheques, online banking transfer, or UPI. Here is how to make a contribution to one’s NPS account using UPI. What is UPI? ...

Bank locker charges: Check how much your bank charges as locker rent – Bank lockers [ad_1] The cost of a bank locker can range from Rs 500 to Rs 3,000 based on the location and size of the locker, according to the bank’s website. The bank charges Rs 2,000, Rs 4,000, Rs 8,000, and Rs 12,000 for small, medium, large, ...

SBI email OTP: How to activate SBI email OTP authentication [ad_1] The State Bank of India (SBI) has increased the security of online transactions by introducing email OTP authentication in an effort to give their online customers greater protection and safety. Customers of SBI can now receive OTP notifications for transactions made through internet banking on the email address on ...

What does e-rupee mean for you? India’s digital rupee is making its retail debut today. Soon, people will use this digital currency for daily transactions. Find out how it’s going to be different from digital wallets and UPI

rbi retail digital rupee pilot: RBI retail digital rupee pilot starts today: Can you use e-Rupee? [ad_1] The retail pilot of the Reserve Bank of India’s (RBI) digital currency has gone live on December 1, 2022. Touted as e-Rupee or digital rupee, the RBI’s central bank digital currency (CBDC) is an electronic form of sovereign currency. Here’s all you need ...

RBI seen raising interest rates by 35 bps in December MPC meet: Poll The Reserve Bank of India will raise interest rates by a smaller 35 basis points to 6.25% in December, according to economists polled by Reuters who expect another modest move up early next year to curb lingering inflation pressures. A strong two-thirds majority said ...

Doorstep Banking Service: Who can avail doorstep banking services? [ad_1] What is doorstep banking? Many banks provide doorstep banking services to their clients, particularly to senior citizens and clients with disabilities. Doorstep banking services include account opening, cash deposits, withdrawals, money transfers etc. [ad_2]

Digital Rupee: Low-value transactions via digital rupee to be kept anonymous: Report The Reserve Bank of India (RBI) has reportedly asked the banks to not report low-value transactions made through the digital rupee to ensure that it offers the same degree of anonymity as dealing with cash. According to a report by Economic Times (ET), once the Central Bank-backed ...